Overview of Oracle Accounts Receivables (AR) Module

Overview of Oracle Accounts Receivable module, its features and functionalities. Learn the basic features and functionalities of Oracle AR in this short overview.

The Accounts Receivables (AR) module is used to create, manage and control the cash flow of any organization.  From invoice generation, credit memo issues to customer account management, the Receivables module simplifies the collection process.  With the Receivables module you can:

• Control credit limits prior to committing product
• Effectively manage customer relations with historical information
• Create mechanisms to aid in reducing DSO
• Manage the customer database to ensure accurate contact and address locations
• Merge different account histories

Features of Oracle Accounts Receivable Module

Maintain Customer Profiles

• Key information is managed in the receivables module to ensure accurate communication
• Address changes are centrally maintained to avoid key addresses from being changed
• Credit limit determination can be controlled across multiple sites for any customer

Auto Lock Box

• Eliminates manual entry into the Receivables module if the customer directly pays to the bank
• Report is generated to aid in adjusting failed transactions
• Process receipts with multiple currencies
• Bank file validation is received upon successful load

Post Quick Cash

• Temporary holding tables to provide review capabilities
• Quick Cash is a manual entry system to provide immediate account updates